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Long

Stellar bullish signs

POLONIEX:STRBTC   Stellar / Bitcoin
As one of the major crypto-technologies alongside with the Etherum and Ripple, Stellar             shows bullish signs comparing to BTC             .
Investors are trying to diversify risks to avoid BTC             drastic falls and still stay in the crypto-currencies.
From the technical view stellar             shows good buying signal on both long-term and medium-term views.
From the global picture, the pair went into correction but reached only the 50% Fibonacci level before the rebound.
From the medium-term the pair built 0.000034 - 0.000058 uptrend after the rebound, almost reaching the previous top and followed the markets into correction, but also started to draw rebound pattern roughly reaching the 61.6% Fibonacci.
The 200 days EMA stays much lower.
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